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Watching More Than The Discovery Channel Export Cycles And Diversification In Development


Watching More Than The Discovery Channel Export Cycles And Diversification In Development
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Watching More Than The Discovery Channel Export Cycles And Diversification In Development


Watching More Than The Discovery Channel Export Cycles And Diversification In Development
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Author : Paul Brenton
language : en
Publisher: World Bank Publications
Release Date : 2012

Watching More Than The Discovery Channel Export Cycles And Diversification In Development written by Paul Brenton and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.


This paper examines the export performance of 99 countries over 1995-2004 to understand the relative roles of export growth through "discovery" of new products and growth during post-discovery phases of the export product cycle -- acceleration and maturation -- in existing markets and expansion into new geographic markets. The authors find that expanding existing products in existing markets (growth at the intensive margin) has greater weight in export growth than diversification into new products and new geographic markets (growth at the extensive margin). Moreover, growth into new geographic markets appears to be more important than discovery of new export products in explaining export growth. Of particular importance is whether an exporting country succeeds in reaching more national markets that are already importing the product it makes. This geographic index of market penetration is a powerful explanatory variable of export performance. This suggests that governments should not focus solely or even primarily on the discovery channel, but also seek to identify and address market failures that are constraining exporters in subsequent phases of the export cycle.



Watching More Than The Discovery Channel


Watching More Than The Discovery Channel
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Author : Paul Brenton
language : en
Publisher:
Release Date : 2016

Watching More Than The Discovery Channel written by Paul Brenton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.


This paper examines the export performance of 99 countries over 1995-2004 to understand the relative roles of export growth through discovery of new products and growth during post-discovery phases of the export product cycle - acceleration and maturation - in existing markets and expansion into new geographic markets. The authors find that expanding existing products in existing markets (growth at the intensive margin) has greater weight in export growth than diversification into new products and new geographic markets (growth at the extensive margin). Moreover, growth into new geographic markets appears to be more important than discovery of new export products in explaining export growth. Of particular importance is whether an exporting country succeeds in reaching more national markets that are already importing the product it makes. This geographic index of market penetration is a powerful explanatory variable of export performance. This suggests that governments should not focus solely or even primarily on the discovery channel, but also seek to identify and address market failures that are constraining exporters in subsequent phases of the export cycle.



Patterns Of Export Diversification In Developing Countries


Patterns Of Export Diversification In Developing Countries
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Author : Alberto Amurgo-Pacheco
language : en
Publisher: World Bank Publications
Release Date : 2008

Patterns Of Export Diversification In Developing Countries written by Alberto Amurgo-Pacheco and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Commercial policy categories.


Abstract: This paper uses highly disaggregated trade data to investigate geographic and product diversification patterns across a group of developing nations for the period from 1990 to 2005. The econometric investigation shows that the gravity equation fits the observed differences in diversification across nations. The analysis shows that exports at the intensive margin account for the most important share of overall trade growth. At the extensive margin, geographic diversification is more important than product diversification, especially for developing countries. Taking part in free trade agreements, thereby reducing trade costs, and trading with countries in the North are also found to have positive impacts on export diversification for developing countries.



Intensive And Extensive Margins Of India S Agricultural Trade Implications For Export Diversification And Development


Intensive And Extensive Margins Of India S Agricultural Trade Implications For Export Diversification And Development
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Author : Kannan, Elumalai
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2022-05-06

Intensive And Extensive Margins Of India S Agricultural Trade Implications For Export Diversification And Development written by Kannan, Elumalai and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-05-06 with Political Science categories.


This paper analyses relative contribution of intensive and extensive margins to growth in India’s agricultural exports for the period 2001 to 2020. Two alternative approaches are employed to estimating export margins: the traditional approach of using export volume across product lines, and a robust method proposed by Hummels and Klenow (2005). The paper also examines the determinants of export margins through a standard gravity model. Traditional method of decomposing export growth shown that intensification of the export of existing products to existing destinations dominated export growth. The contribution of export diversification to export growth has remained subdued in the last two decades. Within the extensive margin, contribution of product diversification to export growth was more important than the contribution of geographic diversification. According to the Hummels and Klenow approach, during the 2001 to 2020 period, the extensive margin grew at 1.24 percent per annum, while the intensive margin increased at 0.23 percent. The contribution of growth at the extensive margin increased from 58.8 percent in 2001 to 70.2 percent in 2020. Gravity model results revealed that, among other variables, a positive and significant effect of free trade agreement on export margins. Broadly the study results point out that India’s exports along the extensive margin has not been fully exploited and that export diversification holds the key to higher export growth in agricultural products. There is wide scope for expansion of India’s agricultural exports through development of new product varieties and new markets.



Pathways To African Export Sustainability


Pathways To African Export Sustainability
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Author : Paul Brenton
language : en
Publisher: World Bank Publications
Release Date : 2012-07-17

Pathways To African Export Sustainability written by Paul Brenton and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-17 with Business & Economics categories.


African export ventures often fail early, a trend that causes waste, uncertainty, and discouragement. This book shows how governments and donors can help boost African export sustainability through a mixture of traditional policy prescriptions and selected proactive interventions.



The Oxford Handbook Of Structural Transformation


The Oxford Handbook Of Structural Transformation
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Author : Célestin Monga
language : en
Publisher: Oxford University Press, USA
Release Date : 2019-02-14

The Oxford Handbook Of Structural Transformation written by Célestin Monga and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-14 with Economic development categories.


The Oxford Handbook of Structural Transformation addresses the economics of structural transformation around the world. It deals with major themes, which include history and context, critical issues and concepts, methodological foundations, main theoretical approaches, policy issues, some illuminating country experiences of structural transformation, and important debates on the respective roles of the market and the state in that process. The historical record provides a challenge for economists to understand the success of the rising economic powers (some of them initially considered unlikely candidates for prosperity) and the stagnation or decline of others. Five major questions emerge: DT Why has so much divergence occurred among nations of the world since the Industrial Revolution, and particularly during the 20th century? DT Why has the pattern changed recently with the emergence of a few developing economies (e.g. the multi-polar world), and can it be sustained? DT What are the key drivers, strategies, and policies, to foster structural transformation in various different country contexts and in a constantly evolving global economy? DT How could low- and middle-income countries avoid development traps and learn from past experiences whilst exploiting the new opportunities offered by the Fourth Industrial Revolution? DT What is the role of various development stakeholders and other important players in facilitating sustained economic convergence among nations? This book addresses these questions, bringing the rigor, usefulness, and multi-disciplinary scope of the Oxford Handbook series to a critical topic in economics. The Oxford Handbook of Structural Transformation is an essential reference work and a stimulus to new research and creativity across all branches of the social sciences.



The Development Dimension Trade For Growth And Poverty Reduction How Aid For Trade Can Help


The Development Dimension Trade For Growth And Poverty Reduction How Aid For Trade Can Help
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2011-03-23

The Development Dimension Trade For Growth And Poverty Reduction How Aid For Trade Can Help written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-23 with categories.


Trade for Growth and Poverty Reduction: How Aid for Trade Can Help explains how Aid for Trade can foster economic growth and reduce poverty, and why it is an important instrument for a development strategy that actively supports poverty alleviation.



Trade Competitiveness Of The Middle East And North Africa


Trade Competitiveness Of The Middle East And North Africa
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Author : Jos R. L pez-C lix
language : en
Publisher: World Bank Publications
Release Date : 2010-07-01

Trade Competitiveness Of The Middle East And North Africa written by Jos R. L pez-C lix and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-07-01 with Political Science categories.


Over the past decade, four major developments in global economic integration have shaped trade policy and the economic performance of countries within the Middle East and North Africa region: the emergence of global supply chains, the growth of trade in services, the rise of China and India as major international trading powers, and regional integration. These developments, along with the labor and natural resource endowments of particular countries (some are resource-poor but labor-abundant, some resource-rich and labor-abundant, and some resource-rich and labor-importing), have influenced export diversification outcomes across the region. Yet these countries may not be taking full advantage of all of the opportunities the four new trends offer to them. 'Trade Competitiveness of the Middle East and North Africa: Policies for Export Diversification' examines the region's trade policy agendas and their results by focusing on the countries' response to these four key developments in international trade. As the region recovers from the global financial and economic crises, the book identifies reforms that could allow countries to further strengthen global production networks, benefit more from trade in services, better compete in external markets to face the rise of China and India, and reach the full potential of regional integration. If thoroughly implemented, especially by oil exporters, all of these reforms could help boost growth and job creation in the region.



Handbook On Trade And Development


Handbook On Trade And Development
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Author : Oliver Morrissey
language : en
Publisher: Edward Elgar Publishing
Release Date : 2015-05-29

Handbook On Trade And Development written by Oliver Morrissey and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-29 with Business & Economics categories.


This timely Handbook comprehensively explores the complex relationships between trade and economic performance in developing countries, illustrating that it is not trade per se that is important but the context, at the firm, country and regional level, in which trade occurs.



Globalisation Comparative Advantage And The Changing Dynamics Of Trade


Globalisation Comparative Advantage And The Changing Dynamics Of Trade
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2011-10-20

Globalisation Comparative Advantage And The Changing Dynamics Of Trade written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-20 with categories.


This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.